3. Marine Pte. Ltd. World Fleet Profile – AHTS & PSV’s Size Ships in Operation Ships on Order Fleet > 20 Yrs Large AHTS 12,000 + BHP 212 98 23% Medium AHTS 7-11,999 BHP 357 111 70% Small AHTS 4-6,999 BHP 531 82 73% Large PSV 4,000+ DWT 114 54 0% Medium PSV 1500-3999 DWT 396 104 22% Small PSV <1500 DWT 299 12 99%

4. Marine Pte. Ltd.

5. Marine Pte. Ltd. Worldwide Onshore and Offshore Oil Production (1960-2010 – forecast)

6. Marine Pte. Ltd. SEA Oil Production Forecast Volume

7. Marine Pte. Ltd.

8. Marine Pte. Ltd. World Fleet Profile – AHTS & PSV’s Size Ships in Operation Ships on Order Fleet > 20 Yrs Large AHTS 12,000 + BHP 212 98 23% Medium AHTS 7-11,999 BHP 357 111 70% Small AHTS 4-6,999 BHP 531 82 73% Large PSV 4,000+ DWT 114 54 0% Medium PSV 1500-3999 DWT 396 104 22% Small PSV <1500 DWT 299 12 99%

9. Marine Pte. Ltd. Oil price - …Now ……and Then ?

10. Marine Pte. Ltd.

11. Marine Pte. Ltd.

12. Marine Pte. Ltd. While optimistic….. my imagination is too limited to have scripted this past year’s “perfect storm”: high oil prices, urgency to drill, and shortages of equipment. In our businesses little, perhaps nothing, can beat being in the right place at the right time. The boom in energy for the moment has overshadowed careful planning and proves again the old adage, “better lucky than smart.” The offshore business merits a standing ovation. Let’s hope this year we get an encore and not the “fat lady’s” aria. Charles Fabrikant, April 2007

13. Marine Pte. Ltd. Thank You